Blockchain’s Real Estate Opportunities

Find out the amazing opportunities that one of the biggest industries worldwide is offering with blockchain technology

If you are reading this, you probably already know some of the main benefits that blockchain technology offers. It’s already revolutionizing entire industries; mostly businesses related to finances, but also on multiple non-financial as well.

Real estate is one of the eldest and most profitable industries that humanity has ever seen, with sustainable growth and endless possibilities. In every corner of the world, for thousands of years, people have made great businesses with houses, buildings, lands, and more.

But that doesn’t mean that there’s no room to improve operations, open new opportunities, or even add major changes in the way the industry operates as a whole.

If you look at what Airbnb made in the hospitality industry, you’ll know what we are talking about.

The value of the world’s real estate assets rose 5% in 2020 to $326.5 trillion, making it the most significant store of wealth and more valuable than all global equities and debt securities combined, according to research released by Savills as part of its Impacts 2021 program.

Challenges of the Real Estate industry (and blockchain solutions)

Being a successful and profitable industry doesn’t mean that there are no problems to be solved. Although real estate performs greatly year after year, there are still some issues to be addressed to get the industry moving faster and more efficiently, providing more profits for all the stakeholders:

• High costs: The need for middlemen to conduct market activities (renting, buying, selling, investing, and so on) carries a high service cost and fees, making international real estate particularly expensive. || Descentralizated institutions provide access to the real estate business with almost any of these unnecessary costs.
• Technological efficiency: In the FIAT operational circuit, transactions can take from days to weeks to complete, with centralized institutions profiting from that, while taking a big cut through excessively expensive fees. || Blockchain will get the job done within a few seconds for just a few cents.
• High entry barriers: The real estate industry has been almost inaccessible to a lot of people around the world. Credit score, financial requirements, certifications, citizenship, are some of the impediments that most people face when trying to get into a real estate opportunity. || Anonymity, cryptocurrencies, crowdfunding, and technological on-chain infrastructure solves it from the ground up.
• Liquidity shortage: While real estate can offer one of the lowest levels of risk and volatility, it has a big challenge, illiquid assets make it hard to manage a healthy cash flow. || The world of Decentralized Finances is known for its multiple tools and high levels of liquidity, nurturing cash flow with innovative financial strategies

The future of Real Estate

Blockchain technology has arrived to stay. Governments, traditional financial institutions, regulators, central banks, world-class sports clubs, and the biggest companies (tech and non-tech), are already adopting this revolutionary technology.

Real estate has already started to be innovative and offer new opportunities related to blockchain. But the good news is that it’s still early!

Contact us at business@rebloxsolutions.com and let’s explore together how you can take your business to the next level using blockchain technology.